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Beware! Fraudulent Traps in the Steel Industry—Protect Your Interests!

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Beware! Fraudulent Traps in the Steel Industry—Protect Your Interests!

Jul 12,2023
hot rolled steel knowledge
In recent years, fraudulent practices have become rampant in the steel industry, causing significant losses to buyers. Don't be deceived! We are here to guide you on safeguarding your interests.

1. Low-price fraud: Some sellers offer stainless steel grade 316 at low prices, but deliver grade 304 instead, with a price difference of 60%-70%! Verify specifications and quality to avoid falling victim to this scam.

2. Specification fraud: Certain sellers claim to sell stainless steel grade 304 but deliver grade 201, resulting in a price difference of up to 60%! Ensure you check the reputation and product quality of suppliers in advance.

3. Authenticity fraud: Be cautious of stainless steel grade 201 falsely represented by grade 430, even though the price difference may be relatively small (around 10%). It's quite necessary to confirm the reliability of the supplier.

4. Quality fraud: Stay vigilant against stainless steel grade 403 being passed off as cold-rolled products, with a significant price difference of 50%! Prioritize verifying the authenticity and quality of the purchased products.

The above are all real experiences shared by our customers. Furthermore, some individuals have suffered severe financial losses as a result, and certain companies have even faced the brink of bankruptcy due to these circumstances.As a service provider, we highly value the genuine experiences and feedback from our customers. In the international trade arena, it is essential to remain vigilant and avoid falling victim to dishonest practices. Building long-term relationships with reputable and experienced suppliers is key.MESCO STEEL provides high-quality stainless steel products and reliable services, establishing long-term partnerships.
For any needs or inquiries, please contact our sales team, ready to provide support and assistance.
Together, let's create an environment of integrity and transparency in international trade,  protecting our  interests!
[Max Wang]
[General Manager]
[MESCO STEEL]
[mesco@mescogroup.com.cn]
[WhatsAPP+86 15134565556]
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